2023 ETB to COP Historical Review

YEARLY HIGH

92.6776 COP

YEARLY LOW

68.2623 COP

YEARLY AVERAGE

79.1034 COP

2023 ETB to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 92.6776. Conversely, the yearly low was recorded on December 27, dropping to 68.2623.

This high-to-low spread represents a total annual volatility of 24.4152 COP. From a start-to-finish perspective, comparing the January average rate of 87.8770 to the December average rate of 70.4634, the exchange rate registered a net change of -19.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 92.6776 was down 2.82% compared to the 2022 peak of 95.3667, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ETB based on timing:

Yearly Peak High 463,388 COP

2022 Average 409,417 COP

Yearly Trough Low 341,312 COP

Transaction Impact: A difference of 122,076.12 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

91.1745

68.5806

JanuMarcMayJulySeptNove

ETB to COP Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 84.9798, compared to 73.2270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.7528 points.

H1 Avg (Jan–Jun) 84.9798

H2 Avg (Jul–Dec) 73.2270

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 9.0252 COP (High: 92.6776 / Low: 83.6524). On the other end, November was the most stable month, with a tight range of 2.6876 COP (High: 73.7290 / Low: 71.0414).

January Spread (Volatile) ±9.0252

November Spread (Stable) ±2.6876

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 6.5286 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -6.5286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 87.8770) against the same month in 2022 (average: 80.6731), the exchange rate shifted by +7.2040 (+8.93%).

2023 Avg (January) 87.8770

2022 Avg (January) 80.6731

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	92.6776	83.6524	87.8770
February	92.5014	85.9734	89.2917
March	90.5898	85.4805	88.5176
April	86.8423	80.9711	83.7023
May	86.1931	80.7732	83.5094
June	81.1116	74.7242	76.9809
July	76.9176	71.4829	74.1484
August	75.7718	71.2173	73.9380
September	74.3304	70.6048	72.6093
October	78.3302	73.2168	75.9031
November	73.7290	71.0414	72.3001
December	72.3362	68.2623	70.4634